China's Vice Premier He Lifeng met Blackstone's Chairman Stephen Schwarzman in Beijing, the official Xinhua news agency reported on Tuesday, stating that the Chinese side said it welcomed more U.S.-funded enterprises and long-term capital.

BEIJING (AP) — China’s Premier Li Qiang said Sunday that Beijing and Washington should choose dialogue instead of confrontation, as the two countries are locked in rising friction over trade tariffs and efforts to combat illegal fentanyl trade.

U.S. Republican Senator Steve Daines met Chinese Premier Li Qiang in Beijing with a group of seven American executives on Sunday, following an annual business summit in the Chinese capital attended by top foreign CEOs.